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Gareth Vaughan

About

Gareth is editor of interest.co.nz and has worked for more than 20 years as a financial journalist in New Zealand and the United Kingdom. He has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

15 years 8 months

Latest articles

Fancy a 49% net interest margin?
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
1st Sep 20, 9:17am
by Gareth Vaughan
3
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
Xero's latest Small Business Insights showed promising signs - in July
Monthly Xero Small Business Insights data series showed promising signs for revenue and employment overall in July, before Auckland's August Level 3 lockdown
31st Aug 20, 5:00am
by Gareth Vaughan
4
Monthly Xero Small Business Insights data series showed promising signs for revenue and employment overall in July, before Auckland's August Level 3 lockdown
Sunday Covid update: Two new community cases, one in Tokoroa
Covid update: Ministry of Health reports two new Covid-19 cases in the community
30th Aug 20, 1:10pm
by Gareth Vaughan
69
Covid update: Ministry of Health reports two new Covid-19 cases in the community
Oxipay's parent Flexigroup NZ pledges to 'shake-up' buy now pay later sector
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
28th Aug 20, 2:44pm
by Gareth Vaughan
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
Poll shows strong majority support COVID-19 elimination strategy
Horizon Research says poll shows strong majority of public backs government's strategy of eliminating community transmission of COVID-19, and believes doing this will be better for the economy in the long-term
28th Aug 20, 11:21am
by Gareth Vaughan
66
Horizon Research says poll shows strong majority of public backs government's strategy of eliminating community transmission of COVID-19, and believes doing this will be better for the economy in the long-term
Treasury declines to detail government exposure to international benchmark interest rate reform
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
27th Aug 20, 9:21pm
by Gareth Vaughan
3
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
Big five banks feel the icy blast of COVID-19
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
26th Aug 20, 9:49am
by Gareth Vaughan
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
End of an era as ANZ moves to wind up Bonus Bonds Scheme
Bonus Bonds Scheme to be wound up by ANZ, with the bank blaming low interest rates reducing the investment returns of the scheme, and thus hitting the size of the prize pool
26th Aug 20, 9:00am
by Gareth Vaughan
52
Bonus Bonds Scheme to be wound up by ANZ, with the bank blaming low interest rates reducing the investment returns of the scheme, and thus hitting the size of the prize pool
NZ financial services entities, with billions worth of transactions impacted, prepare for life beyond LIBOR
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
25th Aug 20, 6:10pm
by Gareth Vaughan
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
Negative OCR 101 with Kiwibank chief economist Jarrod Kerr
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
by Gareth Vaughan
88
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
More debate called for on RBNZ quantitative easing program
Wigram Capital Advisors' Rodney Jones on cutting the OCR below 25 basis points, the economic gains from eliminating COVID-19, and winning ugly against the virus like the 2011 All Blacks
24th Aug 20, 10:03am
by Gareth Vaughan
25
Wigram Capital Advisors' Rodney Jones on cutting the OCR below 25 basis points, the economic gains from eliminating COVID-19, and winning ugly against the virus like the 2011 All Blacks
Big four banks 'one-third of the way through the loan loss cycle'
Morgan Stanley banking analysts wade through the June quarter loan impairment, credit quality and loan provisioning detail from Australasia's big four banks
24th Aug 20, 8:00am
by Gareth Vaughan
3
Morgan Stanley banking analysts wade through the June quarter loan impairment, credit quality and loan provisioning detail from Australasia's big four banks
Sunday Covid update: Just one new Auckland community case
Covid update: Ministry of Health reports three new cases. One in Auckland community, two imported cases in managed isolation. Three people in Middlemore Hospital in ICU
23rd Aug 20, 1:15pm
by Gareth Vaughan
37
Covid update: Ministry of Health reports three new cases. One in Auckland community, two imported cases in managed isolation. Three people in Middlemore Hospital in ICU
Crown Settlement Account at the RBNZ at unprecedented highs
The Crown Settlement Account at the Reserve Bank, where the Government deposits surplus funds, reaches new highs as the COVID-19 crisis rages
21st Aug 20, 9:51am
by Gareth Vaughan
11
The Crown Settlement Account at the Reserve Bank, where the Government deposits surplus funds, reaches new highs as the COVID-19 crisis rages
Top 5+1 COVID-19 special: QE & bank lending, repricing everything, degrowth, school-less kids & more
Gareth Vaughan on the lack of a positive impact from QE on bank lending, everything is going to be repriced, stealing from our kids, the degrowth movement, reported COVID-19 deaths & excess deaths
20th Aug 20, 9:04am
by Gareth Vaughan
45
Gareth Vaughan on the lack of a positive impact from QE on bank lending, everything is going to be repriced, stealing from our kids, the degrowth movement, reported COVID-19 deaths & excess deaths
ANZ NZ reports big rise in loan impairments against COVID-19 backdrop
ANZ NZ records credit impairment charge of $312 million for first nine months of current financial year, more than treble the sum recorded for its full financial year in 2019
19th Aug 20, 2:31pm
by Gareth Vaughan
28
ANZ NZ records credit impairment charge of $312 million for first nine months of current financial year, more than treble the sum recorded for its full financial year in 2019
Weaker credit bounceback predicted after new lockdown compared to strong May bounceback
Boss of credit bureau Centrix surprised by volume of borrowers in arrears not seeking a mortgage deferral, says credit demand fell across country when Auckland moved into new lockdown
19th Aug 20, 10:45am
by Gareth Vaughan
20
Boss of credit bureau Centrix surprised by volume of borrowers in arrears not seeking a mortgage deferral, says credit demand fell across country when Auckland moved into new lockdown
ANZ, ASB economists now predicting negative OCR
Economists at ANZ and ASB now see the Reserve Bank taking the Official Cash Rate negative next year
18th Aug 20, 2:00pm
by Gareth Vaughan
74
Economists at ANZ and ASB now see the Reserve Bank taking the Official Cash Rate negative next year
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Demand for F&P Healthcare's products 'continues to approximately track the spread of COVID-19'
Fisher & Paykel Healthcare increases annual profit and revenue guidance as strong demand for its respiratory care products 'continues to approximately track the spread of COVID-19 around the world'
18th Aug 20, 11:44am
by Gareth Vaughan
1
Fisher & Paykel Healthcare increases annual profit and revenue guidance as strong demand for its respiratory care products 'continues to approximately track the spread of COVID-19 around the world'
NAB's Ross McEwan says benefits of Royal Commission being seen in banks' COVID response
Ross McEwan, CEO of BNZ's parent National Australia Bank, says Aussie banking sector's complacency shaken off by Royal Commission as COVID crisis causes structural shift in the way bankers work
17th Aug 20, 9:12am
by Gareth Vaughan
1
Ross McEwan, CEO of BNZ's parent National Australia Bank, says Aussie banking sector's complacency shaken off by Royal Commission as COVID crisis causes structural shift in the way bankers work
Sunday Covid update: 13 new Covid-19 cases announced, 12 in Auckland community
Covid update: Director General of Health Ashley Bloomfield announces 13 new cases, 12 in Auckland community with all linked to previously announced cases
16th Aug 20, 1:24pm
by Gareth Vaughan
85
Covid update: Director General of Health Ashley Bloomfield announces 13 new cases, 12 in Auckland community with all linked to previously announced cases
ASB's big loan impairment increase detailed
ASB annual results highlight the uncertainty caused by COVID-19 for banks required to estimate their expected credit losses
13th Aug 20, 9:13am
by Gareth Vaughan
ASB annual results highlight the uncertainty caused by COVID-19 for banks required to estimate their expected credit losses
ASB annual profit falls for the first time in a decade, CEO eyes mortgage deferral extension
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
12th Aug 20, 10:36am
by Gareth Vaughan
17
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
Top 5 COVID-19 special: End of US era, govts & tourism, probe into oil price crash, banks' bad debts mount & just eat plants
Gareth Vaughan on time up for America, governments touted as tourism's saviour, probe into oil price crash, weak bank earnings & environmental lessons COVID-19 could teach humanity
12th Aug 20, 8:55am
by Gareth Vaughan
29
Gareth Vaughan on time up for America, governments touted as tourism's saviour, probe into oil price crash, weak bank earnings & environmental lessons COVID-19 could teach humanity
Banks to share information about customer complaints via online dashboard
Banking Ombudsman website to feature dashboard providing detailed information about bank customers' complaints
12th Aug 20, 5:00am
by Gareth Vaughan
1
Banking Ombudsman website to feature dashboard providing detailed information about bank customers' complaints